Abstract
The mode that centers on trade liberalization and seeks vertical specialization in a resource-conserving and environmentally friendly way will help promote sustainable and inclusive economic development. The goals of creating new jobs and eradicating poverty and climate change are deeply intertwined. Growth strategies that fail to tackle poverty, unemployment, innovation, climate change, and/or utilization of foreign capital will prove to be unsustainable, and vice versa. Common denominators in the success of these agendas are opening up and sustainable development. Opening up to the outside world is an essential component of reform and inclusive growth in China.
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